John F. Killian - Sep 9, 2021 Form 4 Insider Report for Houghton Mifflin Harcourt Co (HMHC)

Role
Director
Signature
s/ William F. Bayers, Attorney-in-Fact
Stock symbol
HMHC
Transactions as of
Sep 9, 2021
Transactions value $
$0
Form type
4
Date filed
9/13/2021, 04:31 PM
Previous filing
Oct 1, 2021
Next filing
Oct 1, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HMHC Phantom Stock Units Award $0 +1.08K +14.69% $0.00 8.39K Sep 9, 2021 Common Stock 1.08K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom stock unit is the economic equivalent of one share of Houghton Mifflin Harcourt Company (the "Company") common stock.
F2 The phantom stock units were accrued in the reporting person's account under the Company's Non-Employee Director Deferred Compensation Plan as payment for half of the reporting person's fourth quarter 2021 retainer.
F3 Phantom stock units are settled in shares of Company common stock following the reporting person's separation from service as a director of the Company.

Remarks:

William F. Bayers is the Executive Vice President, Secretary and General Counsel of the Company.